Worthless White Paper on Blackmoney

By tabling the white paper on blackmoney in the Parliament, the UPA government might have tried to give a message that it has lived up to its promises but the fact remains that the common man has gained nothing out of it. There isn’t anything concrete in this so called white paper to reflect that the government is serious to check the use of blackmoney. The information given in the white paper is not only confusing but does not offer any concrete solution to the menace. It is apparent how the Centre and its related agencies were pulled up by the Supreme Court for not acting on the issue. Ironically the people sitting at the helm of affairs do not want the Supreme Court to supervise the matter. It seems that the government tabled the white paper in the Parliament keeping in mind the seriousness of the Supreme Court over the issue. The white paper does not reveal any concrete data on the blackmoney nor has it given the names of the people who have stashed crores of rupees in foreign banks. Surprisingly the government is aware of those names but is not ready to divulge it on the pretext that doing so will be violation of certain international treaties.

In the garb of international treaties the government, it seems, is trying to shield the guilty. Such people should not be shown any kind of sympathy as the money is ill gotten. Divulging about blackmoney in the white paper, the government did not find it necessary to reveal the amount of blackmoney political parties get as donations. The government purposely kept mum on the issue. This clearly indicates that Indian politics will keep running on blackmoney. If such is the case then how can we expect the government to act against this vast empire of blackmoney? There isn’t much to be excited about the White Paper where the government has mentioned some data about blackmoney and suggested new laws to curb it. These laws will prove to be futile until and unless implemented properly. It is sad that on the day when the white paper was tabled in the Parliament, the Lokpall Bill was left for further delay.